Faruqi & Faruqi, LLP Encourages Investors Who Suffered Substantial Losses Investing in Swisher Hygiene Inc. to Contact the Firm
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Swisher Hygiene Inc. (“Swisher” or the “Company”) (NASDAQ: SWSH).
The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) the Company’s acquisitions were being incorrectly accounted for; (2) Swisher was improperly calculating its allowance for doubtful accounts receivable; (3) the Company was overstating its net income; (4) Swisher’s financial reports were in violation of Generally Accepted Accounting Principles; and (5) Swisher failed to maintain adequate internal and financial controls.
If you purchased Swisher securities between May 16, 2011 and March 28, 2012 and would like to discuss your legal rights, contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to email@example.com or firstname.lastname@example.org. Faruqi & Faruqi, LLP also encourages anyone with information regarding Swisher’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.